Consumers’ Willingness to Pay for Electricity from Renewable Energy Sources, Queensland, Australia

Galina Alexandra IVANOVA

Makale detayları

Consumers’ Willingness to Pay for Electricity from Renewable Energy Sources, Queensland, Australia

Yazarlar:

Galina Alexandra IVANOVA

Yayıncı:

İlhami ÇOLAK

Dergi:

International Journal Of Renewable Energy Research 2012 Vol.2 Issue 4, pp.758-766

Belge Tipi:

Makale

Yayın Tarihi:

11/2012

Belge Dili:

İngilizce

Document ID (Org No.):

2000819331

Sıklık:

Aylık

pISSN:

1309-0127

Özet:

 

The results of a survey of Queensland households regarding their willingness to pay (WTP) for renewable energy and support the Mandatory Renewable Energy Target (MRET) policy are presented. Results suggest that respondents were willing to pay more for the electricity generated from the renewable energy for several reasons including the emissions reduction and the benefits of future generations. On average the respondents were willing to pay about 22/quartertosupporttheincreaseinelectricitygenerationfromrenewableenergysourcesinsupportoftheMRET.Themeanforvoluntarycontributionstoincreasethegenerationofelectricityfromrenewableenergysourceswas22/quartertosupporttheincreaseinelectricitygenerationfromrenewableenergysourcesinsupportoftheMRET.Themeanforvoluntarycontributionstoincreasethegenerationofelectricityfromrenewableenergysourceswas22/quarter to support the increase in electricity generation from renewable energy sources in support of the MRET. The mean for voluntary contributions to increase the generation of electricity from renewable energy sources was 28/quarter. Furthermore, the respondents who hold the perception that a particular electricity generation technology does negatively affect the environment had a significantly different WTP compared to respondents holding the perceptions that the technology does not negatively affect the environment. Finally, respondents were willing to pay significantly more if voluntary payments were made possible compared to the MRET imposts. Therefore, the consumer driven purchases can, in part, support the future of renewable generation capacity in Queensland. However, the reliance upon other policy alternatives may be needed. The results indicate that a more effective renewable energy policy reflecting these preferences can be put in place.

Makale detayları

Consumers’ Willingness to Pay for Electricity from Renewable Energy Sources, Queensland, Australia

Yazarlar: Galina Alexandra IVANOVA

Yayıncı: İlhami ÇOLAK

Dergi: International Journal Of Renewable Energy Research 2012 Vol.2 Issue 4, pp.758-766

Belge Tipi: Makale

Yayın Tarihi: 11/2012

Belge Dili: İngilizce

Document ID (Org No.): 2000819331

Sıklık: Aylık

pISSN: 1309-0127

Sayı

Yazarlar:

Galina Alexandra IVANOVA

Yayıncı:

İlhami ÇOLAK

Dergi:

International Journal Of Renewable Energy Research 2012 Vol.2 Issue 4, pp.758-766

Belge Tipi:

Makale

Yayın Tarihi:

11/2012

Belge Dili:

İngilizce

Document ID (Org No.):

2000819331

Sıklık:

Aylık

pISSN:

1309-0127